Alano Foundation

Analysis

Alano Foundation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 1947, 79 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alano Foundation reported income of $184k and spending of $68k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $184k (+343%), an average of +343% a year. The sharpest change came in the year to December 2023, when income rose by 343%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alano Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include Parkinsons Community Los Angeles ($184k), Hospital Bed Project Inc ($184k) and National Federation of the Blind of South Carolina ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $10k. At year end it held assets of $298k against liabilities of $6,178, net assets of $292k. It reported 1 employees.